22.08.14

All Eyes on Speakers at Jackson Hole for Dollar Direction

Dollar dips slightly ahead of Fed speakers at Jackson Hole symposium
Euro recovers some losses as dollar rally comes to halt
Sterling’s shine dims on confused messages from BoE & UK economic data
Gold near 2-month low before Yellen

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Categories: Market Commentary.

21.08.14

Dollar gains as investors pre-empt Yellen.

• Sterling rebounds after BoE minutes show rate decision split
• Euro weakness set to continue
• Dollar climbs to 11-month high against peers
• Aussie slides on China PMI

Categories: Market Commentary.

20.08.14

Cable tests 1.66 level before BoE minutes

• Sterling falls to 4-month low after soft UK inflation data
• Surge in Putin Patriotism Masks Pain of Sanctions
• Dollar Rises to Nine-Month High as Goldman Bullish
• Aussie Bucks Global Moving-Average Trend: Technical Analysis

Categories: Market Commentary.

19.08.14

Dollar Holds Gains as US Economic Data Supports Fed Rate Rise

Despite recent slide in GBP/USD, Barclay’s analysts call 1.71 by month end
Kiwi dollar drops after fall in New Zealand output price data
Analyst’s look to Economic Symposium in Wyoming which starts Thursday
Euro holds biggest loss in 2 weeks ahead of key manufacturing data

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Categories: Market Commentary.

18.08.14

Dollar under pressure as markets eye Jackson hole.

• Sterling starts the week on front foot
• Eurozone fears damage from Russian sanctions
• Dollar sags ahead of Jackson Hole forum
• Australian dollar waits for RBA for signals

Categories: Market Commentary.

15.08.14

Euro Under Pressure – France & Germany Post Weak GDP Figures

Sterling trades sideways versus dollar and euro
Dollar remains bid – Fed’s Bullard points to earlier than expected rate rise
Germany posts drop in GDP as France follows up with negative growth
Yen weakens against major peers on reduced haven demand

Categories: Market Commentary.

14.08.14

Sterling falls on wage data and Carney comments.

• Interest rate rise will be gradual and limited, says Carney
• Euro recovery halts as Germany shrinks
• Dollar edges higher as US retail sales unexpectedly flat
• Aussie dollar looks to slide further

Categories: Market Commentary.

13.08.14

Doubts on rate rise timing begin to turn tide for Pound

• Sterling holds two-day gain vs Euro before BoE Inflation Report
• Euro near nine-month low on weakening economy
• Dollar gains; Treasuries at week low vs G-7 peers before Sale
• Canada says error in last Job Report to be fixed Aug. 15

Categories: Market Commentary.

12.08.14

Euro Comes Under Pressure as Markets Await Key German Economic Data

Pound halts decline versus euro
Germany’s ZEW set to disappoint to put pressure on single currency
Inflation data rallies Norwegian Krone
Kiwi dollar falls vs majors on housing price data

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Categories: Market Commentary.

11.08.14

Sterling falls as Ukraine, Iraq in focus.

• Sterling hits 8-week low against dollar on war worries
• Euro gains as Ukraine, Iraq crises continue
• Dollar firm against yen as geopolitical tensions ease
• Kiwi dollar little changed, eschew risk aversion

Categories: Market Commentary.